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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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File: 26 KB, 589x198, 2020-01-25_16-58-36.jpg [View same] [iqdb] [saucenao] [google]
16983142 No.16983142 [Reply] [Original]

50-60 million people quarantined, banned from traveling, told to limit contact. Restaurants, parks, even Disneyland closed and people are forbidden from gathering in large groups. This will continue for a week or two before (hopefully) it begins to taper off. And RIGHT when the biggest holiday week was about to begin in China.

I don't care whether or not you think this is a "happening" from a deaths point of view. But it 100% is a black swan for the markets, and will manifest later this year with retail/tourism/travel sales and consumer confidence. The world economy is inexorably connected, and China is one of (if not THE) most influential economies in the world. China goes, we all go. We were headed towards a financial crisis anyway, this just cements it.

>> No.16983164

>>16983142
ok boomer

>> No.16983175

>>16983142
ok scare mongering overhyping fuck

>> No.16983219
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16983219

>>16983142
With any luck QE4, rate cuts, and new tax bill will keep things propped up in US until just after the election. That'll be around the time that we see tangible economic effects from this, perfect timing

Too perfect

>> No.16983301

This is what all the nothingburger retards are missing. Yeah it's just the flu sure. But markets today are held up 90% by confidence

>> No.16983304
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16983304

>>16983142
IT'S NOTHING THEY ALREADY FAKED VIRUS 10 TIMES IN THE PAST NOTHING WILL HAPPEN ITS FAKE NEWS IN TWO WEEKS NO ONE WILL SPEAK ABOUT IT NOTHING EVER HAPPENS I'M FINE FUCK YOU

>> No.16983310

>>16983142
How does this make any sense? Returning to work would spread the virus faster because your packing everyone into the same buildings.

>> No.16983320

>China is the most influential economy
Tip top kekkerino

>> No.16983322

Let me know when the body count exceeds the regular flu season

>> No.16983324

>>16983301
>99% central banks

Try again fsggot. And central banks don’t give af about the flu or even pandemic. It could be the end of the world, population Madagascar, and central banks will kick this shit to ath

>> No.16983349

>>16983310
They need city workers to return to support all the modern metropolitan infrastructure. Lots of people are staying home from work or trying to escape town. What happens after a few days of nobody manning the water filtration systems / power stations / cell towers / etc? After a week?

It can all go to shit a lot sooner than people think if nobody goes to work. One day the water pressure goes down and your sink stops working.

>> No.16983453
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16983453

>>16983142
Hong Kong too

>> No.16983466

>>16983142
Oh no, the fucking flu. Shut the fuck up and go back to /pol/, retard.

>> No.16983545

>>16983349
Burger here, any prep guides on how to survive if SHTF in the US? I got food and water today and have enough masks and goggles, but should I get rechargeable batteries? more water? vitamins?

>> No.16983561

>>16983142
We should take all the qt Asian women in as refugees. I love Asian women.

>> No.16983697

>>16983453
all hong kong schools are closed til the 17th of Feb iirc

>> No.16983705
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16983705

Canada is fucked, Toronto is in disarray beneath the surface and tweets like this getting deleted all over. If you're in the region get out

>> No.16983979
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16983979

>>16983142
>Roads to/from the city closed
>All private vehicles are banned from city center
>Marriages, birthdays, and other private gatherings are banned
>All internet cafes and entertainment venues closed
>Funerals cannot exceed 3 days, close family only, 20 people max

Shit is fucked

>> No.16984005
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16984005

>>16983301

>> No.16984298
File: 168 KB, 853x937, Work Sets You Free, Wagie.jpg [View same] [iqdb] [saucenao] [google]
16984298

>>16983142
>its too dangerous for you to be on vacation around lots of people having fun
>report back to work immediately and be around all your coworkers instead

>> No.16984326

>>16983705
oh fuck when was this from

>> No.16984332

>>16984298
'City Workers' you tard.
who else clears the bodies off the streets
>>16984326
F. leaf

>> No.16984348
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16984348

>>16983705
We're fucked, Canada is lost

>> No.16984385
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16984385

i've already lost 5% in 2 days. this fund invests in icelandic companies and we're heavily dependent on tourism from china. time to sell and buy back when the scare ends?

>> No.16984423

>>16984385
>icelandic companies and we're heavily dependent on tourism from china
>should I sell
Imma take a wild guess and say, doomp that shit. Then again, Iceland might be an extremely popular destination for chink 'tourists' soon

>> No.16984439

>>16983979
>private gatherings banned
???

>> No.16984449

>>16984332
What happens if this same order is made in the US and police, firemen, plumbers, electricians refuse to go to work?

>> No.16984457

>>16984449
Did not mean to reply to you specifically just a general question

>> No.16984485

>>16984423
i'd assume the stock isn't going straight down so i should wait for the next bump to minimize my losses?

>> No.16984503
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16984503

Remember gentlemen, stay isolated in your house and don't EVER go outside. Simple for NEETs but baaaaaaaad for normies since they can't stand being alone for 5 minutes without another person.

>> No.16984535

>>16984449
you could always call in sick, altho, running the risk they'll then send someone round to have you cremated. Theres a kind of inherent implication in working for local authorities, certainly police/fire etc. that YOU WILL show up when needed in Times of Emergency, an unspoken Hippocratic Oath. When too many refuse, society falls apart anyway. If you working as a plumber or some shit for the city tho, might not feel quite so obligated, idk. When SHTF, they impose martial law and simply start shooting ppl who refuse to do shit
>>16984485
christ, don't take my advice. BUT if its that dependent on chink tourists, don't sound like it'll be improving much anytime soon, no

>> No.16984560

Got myself an FXI $43 Put option for March on yesterday... up 8% lads. Hate to profit on this, but immunity boosting vitamins and cans of tuna fish aren't going to buy themselves.

>> No.16984635

>>16984005
the difference this time is how infectious the virus is. nothingburgertards are going to get btfo

>> No.16984694

>>16984635
How infectious is it?

>> No.16984732

>>16983142
its a big fucking nothing burger with nothing fries and a nothing shake

>> No.16984737

>>16984694
SARS had 8000 infected over 8 months. This has 2000 confirmed in a month and the rate of infection is growing. Plus the chinese government is likely downplaying the numbers. Some think 90,000 already have it

>> No.16984766
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16984766

>>16983142
>corona virus during lunar new year
>Hong Kong protests against china
>china labeled currency manipulator
>china tariffs
>china economic war
>china swine flu decimated pork population

All Just a coincidence!

>> No.16984771

>>16984737
>90k
that's 0.000065% of chinas population, aka a nothingburger
>inb4 muh exponential growth
>inb4 muh travels

>> No.16984785

>>16983301
Show us your short asshole. Did you think ww3 was going to start a few weeks ago too?

>> No.16984794

>>16984732
dude
they're
shutting
down
cities
Now when they ban chink cargo flights as well, or countries start refusing to let such land, you'll know shit got real. Better stock up on cheap USB cables

>> No.16984797

>>16983142
Have sex

>> No.16984799
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16984799

>>16983142
it's happening

>> No.16984802

>>16984794
Show. Us. Your. Short.

>> No.16984811

>>16984766
You're right. I can't believe that china would release this virus on their people during their new year. I guess it is a good ploy to get their people back to earth.

Also race mixers should be shot.

>> No.16984819

>>16984766
The timing for this outbreak is just too fucking good. Based CIA

>> No.16984821
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16984821

>>16984794
>dude they're shutting down cities